Key Trends Shaping the Future Edge Computing In Healthcare Market From 2025-2034: Innovative AI Computing Platforms Driving Advancements In Edge Computing

What Is the Estimated Market Size and Growth Rate for the Edge Computing In Healthcare Market?
Recent years have witnessed an exponential growth in the market size of edge computing in healthcare. This market is projected to expand from $4.67 billion in 2024 to $5.74 billion in 2025, reflecting a compound annual growth rate (CAGR) of 23.0%. This dramatic growth in the historical period is a result of several factors including increased use of telemedicine services, growing concerns about data privacy, demand for immediate data processing, rising usage of wearable health devices, and progress in 5G network development.

In the coming years, a significant increase is anticipated in the edge computing in healthcare market size, with estimates projecting a growth to $13 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 22.7%. This upswing during the forecast period can be linked to factors such as an emphasis on disaster recovery and continuity planning, the increasing popularity of wearable health devices, cost-efficiency improvement in healthcare operations, the legal push for data localization, as well as the growth of virtual healthcare services. The projection period is also expected to see major trends like the incorporation of AI and machine learning, the surge in the internet of medical things, the edge-to-cloud continuum, application of virtual and augmented reality, product innovation, and wide-ranging technology integration.

What Factors Are Fueling Growth in the Edge Computing In Healthcare Market?
The surge in telehealth services is anticipated to boost the development of edge computing in the healthcare sector. Telehealth services involve the use of digital information and communication technologies, like computers, mobile gadgets, and wearable equipment, to access and manage healthcare services from a distance. The growth of these services is driven by the need for easily accessible, expedient, and efficient health care delivery. Edge computing in healthcare is essential for telehealth services as it guarantees low latency in data processing and real-time analysis, thereby improving the speed and reliability of remote consultations and diagnostic procedures. To exemplify, a December 2023 article by the American Medical Association, an organization for US-based physicians and medical students, revealed that approximately 74.4% of physicians provided telehealth services while about 54.9% utilized them for managing patients with chronic conditions in 2022. Therefore, the expansion of telehealth services will likely promote the advancement of edge computing in the healthcare market.

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Who Are the Dominant Companies Influencing Edge Computing In Healthcare Market Trends?
Major companies operating in the edge computing in healthcare market are Google LLC, Samsung Electronics Co., Microsoft Corporation, Verizon Communications Inc., Dell Technologies Inc., Amazon Web Services (AWS) Inc., Lenovo Group Limited, General Electric Company, Intel Corporation, IBM Corporation, Cisco Systems Inc., Qualcomm Incorporated, Hewlett Packard Enterprise Company, Fujitsu Limited, NVIDIA Corporation, Nokia Corporation, Siemens Healthineers AG, Koninklijke Philips NV, VMware Inc., Advantech Co. Ltd., Aruba Networks Inc., ADLINK Technology Inc., Huawei Technologies Co. Ltd., Litmus Automation Inc., Veea Inc., FogHorn Systems Pvt Ltd.

How Is the Edge Computing In Healthcare Market Evolving?
Key players in the edge computing in healthcare industry are focusing on creating pioneering solutions, such as an AI computing platform to augment real-time data analytics and enhance patient outcomes. An AI computing platform is a system that integrates hardware and software to efficiently handle complex tasks related to artificial intelligence like machine learning and data analytics. For example, in September 2022, Nvidia Corporation, an American tech firm, rolled out the NVIDIA IGX platform for high-precision edge AI, offering advanced security and proactive safety to delicate sectors such as manufacturing, logistics, and healthcare. The NVIDIA IGX platform is a professional-grade edge AI computing platform aimed at providing safe and secure autonomous systems in sensitive domains like manufacturing, logistics, and healthcare. It is specifically designed to harness the benefits of AI in industrial automation and medical devices, promoting safer interaction between humans and machines. The platform really stands out in areas such as robotic-assisted surgery, patient monitoring, and state-of-the-art manufacturing environments.

What Are the Different Segmentations in the Edge Computing In Healthcare Market?
The edge computing in healthcare market covered in this report is segmented -

1) By Offering: Hardware, Software, Services
2) By Application: Telehealth And Remote Patient Monitoring, Diagnostics, Robotic Surgery, Ambulances, Other Applications
3) By End User: Hospitals And Clinics, Long-Term Care Centers And Home Care Settings, Ambulatory Care Centers, Other End-Users

Subsegments:
1) By Hardware: Edge Servers, Gateways And Routers, Edge Devices, Storage Solutions
2) By Software: Edge Management Software, Analytics And Data Processing Software, Security Software, Application Software For Real-Time Healthcare Data
3) By Services: Deployment And Integration Services, Consulting and Advisory Services, Managed Services, Maintenance And Support Services

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Which Region Is at the Forefront of the Edge Computing In Healthcare Market?
North America was the largest region in the edge computing in healthcare market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the edge computing in healthcare market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Edge Computing In Healthcare Global Market Report?

- Market Size Analysis: Analyze the Edge Computing In Healthcare Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Edge Computing In Healthcare Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Edge Computing In Healthcare Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Edge Computing In Healthcare Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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